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ANNUAL REVIEW & PENSION SERVICE The
most crucial step in the successful implementation of any financial planning
strategy is the establishment of regular and thorough reviews. As
a strategy can only be created in light of the current environment and your
goals and desires, there is a need for reviews to ensure adaptation to any
changes to these circumstance in the future. These
services are available for clients whose portfolios are already established, as
well as those who have utilised the investigation and implementation sections of
our services. Review Process
During
these reviews we will follow these steps: · review your circumstances and make any changes which will affect your personal situation in regards to long term goals, current income needs, etc. ·
review your current
investment portfolio ·
discuss possible
changes (if any) ·
implement any changes
·
a written report will
be updated and issued annually containing the following: Reporting
The
written report provided will include: ·
Opening and closing
values of individual investments ·
Opening and closing
values of the total portfolio · Transactions,
including additional deposits and withdrawals ·
Summary of interest,
income and dividends ·
Commentary on the
performance of individual assets ·
Commentary on the
performance of the total portfolio ·
Recommendations for
changes in asset allocation or switches. Centrelink Service
Social
Security advice and paperwork to be completed by our office for you, along with
direct liaison with Centrelink as your confidential representative. Market
Information Service
In
order for you to keep informed on not only your specific portfolio, but the
financial planning market in general, additional information will be provided
via: ·
Quarterly
VicWide
Financial Services Newsletter “On Target”. ·
An interesting,
entertaining and educational annual briefing in which you will be invited to
presentations on investment markets or other relevant topics and given the
opinion of specialists and fund managers on issues relating to those markets or
topics. ·
We also provide you
with unlimited freepost envelopes for your convenience Goods & Services Tax
(GST)
VicWide
Financial Services may recover from you an amount of GST, such amount to be in
addition to any other consideration payable under this Agreement and to be
calculated by multiplying the amount or consideration payable by your for the
relevant supply by the prevailing GST rate.
Any additional amount on account of GST recoverable from you under this
clause shall be calculated without any deduction of any other amount and is
payable by you upon demand by VicWide Financial Services whether such demand is
by means of an invoice or otherwise. VicWide
Financial Services will use its best endeavours to determine reasonably the
extent (if any) to which any amount payable by you to VicWide Financial Services
for any supply made under this Agreement may be reduced as a direct consequence
of the abolition of or reduction in any taxes or statutory charges (as part of
the imposition of a GST) paid or payable by VicWide Financial Services which
directly relate to the supply. The
amount payable by you to VicWide Financial Services shall be reduced only to the
extent of the reduction (if any) so determined by VicWide Financial Services. Annual Fee$748.00
Additional strategic advice and
administration will attract time charges at our specified rates. However,
brokerage for strategies and advice for new funds added to our service will be
offset against any future additional time charges. Please
make cheque payable to “VicWide Financial Services Pty Ltd”
We
feel it is in your best long term interest to take advantage of our “Annual
Review & Pension Service”.However, it is not compulsory. If you choose not
to benefit from this service, you understand and have been given a copy and
terms of our Occasional Strategic Advice and Administration Service. Any future
contact will be provided at our standard rates. |